Latest available · Census ACS 5-Year (2024)
What Is the Median Home Value in Roanoke city, Virginia?
City · Census ACS 5-Year estimates
The median home value in Roanoke city, Virginia is $190,500 (±$6,503), based on Census ACS 5-Year estimates (2024). The median gross rent is $996/month, and the median household income is $55,378/year. Source: U.S. Census Bureau, American Community Survey, 2024 5-Year Estimates.
Housing Metrics for Roanoke city, Virginia
| Metric | Value |
|---|---|
| Median Home Value | $190,500 |
| Median Gross Rent | $996 |
| Median Household Income | $55,378 |
| Total Housing Units | 43,575 |
| Renter-Occupied Units | 20,723 |
| Renter-Occupied Share | 48% |
How does Roanoke city, Virginia compare?
Median home value ranked against all cities in Virginia.
Higher home value than 31% of cities in Virginia · 401st of 580
| # | City | Value |
|---|---|---|
| 1 | Free Union CDP | $1,527,400 |
| 2 | McLean CDP | $1,412,700 |
| 3 | Great Falls CDP | $1,411,000 |
| … 397 more … | ||
| 401 | Roanoke city(you are here) | $190,500 |
| … 176 more … | ||
| 578 | Riverview CDP | $38,500 |
| 579 | Boissevain CDP | $32,100 |
| 580 | St. Charles CDP | $9,999 |
More data for Roanoke city, Virginia
Frequently asked questions
What is the median home value in Roanoke city, Virginia?
The median home value in Roanoke city, Virginia is $190,500, based on Census ACS 5-Year estimates (2024). This is the self-reported estimated value homeowners believe their property would sell for. Source: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024.
What is the average rent in Roanoke city, Virginia?
The median gross rent in Roanoke city, Virginia is $996/month, based on Census ACS 5-Year estimates (2024).
What is the median household income in Roanoke city, Virginia?
The median household income in Roanoke city, Virginia is $55,378/year according to Census ACS 5-Year estimates (2024).
How reliable is Census ACS data for small areas?
The ACS 5-Year estimates combine 60 months of data for more reliable figures in smaller geographies. Each estimate has a margin of error (MOE). For example, the median home value of $190,500 has a margin of error of ±$6,503. In very small areas, MOEs can be large relative to the estimate.
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